Park City Group (NASDAQ:PCYG) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Park City Group (NASDAQ:PCYG) in a report issued on Saturday morning. The firm issued a hold rating on the technology company’s stock.

Park City Group Stock Performance

Park City Group stock opened at $15.73 on Friday. Park City Group has a 52-week low of $4.80 and a 52-week high of $10.50. The firm has a 50 day moving average price of $16.10 and a two-hundred day moving average price of $14.27. The firm has a market cap of $285.89 million, a price-to-earnings ratio of 58.26 and a beta of 1.10.

Institutional Trading of Park City Group

Large investors have recently modified their holdings of the stock. O Shaughnessy Asset Management LLC grew its position in shares of Park City Group by 115.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 41,932 shares of the technology company’s stock worth $367,000 after buying an additional 22,469 shares during the period. Citigroup Inc. grew its position in shares of Park City Group by 350,300.0% during the 3rd quarter. Citigroup Inc. now owns 28,032 shares of the technology company’s stock worth $246,000 after buying an additional 28,024 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Park City Group during the 3rd quarter worth approximately $125,000. Institutional investors and hedge funds own 26.36% of the company’s stock.

About Park City Group

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in North America. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution; ReposiTrak Compliance and Food Safety solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain solutions that enables customers to manage relationships with suppliers.